________ refer to treasury issues in which the principle amount is tied to the Consumer Price Index to protect the buyer against the effects of inflation

A) Treasury notes
B) Treasury bills
C) Treasury bonds
D) Treasury inflation-protected securities
E) Municipal bonds


Answer: D
Explanation: Treasury inflation-protected securities (TIPS) refer to treasury issues in which the principle amount is tied to the Consumer Price Index to protect the buyer against the effects of inflation.

Business

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